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Guideline Value

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Guideline Value for NAGATHAMMAN KOIL SATHYAVANI MUTHU 8TH LANE

₹2700/sq.ft.

The guideline value for Nagathamman Koil Sathyavani Muthu 8th Lane in Perambur village (Purasaivakkam SRO, Chennai zone) is Rs 2700 per sq.ft, effective 1 July 2024. It was Rs 2500 per sq.ft from 1 April 2023, a 8% change. The land classification is Residential Class Iii Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Perambur

Village

Purasaivakkam

SRO

Residential Class III Type - II
History
Period Guideline Value
From 1-7-2024 ₹2700 /sq.ft.
From 1-4-2023 ₹2500 /sq.ft.
From 9-6-2017 To 31-3-2023 N/A
From 1-4-2012 To 8-6-2017 ₹2500 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

93/1, Bricklin Road, Otteri, Chennai- 600 012.
044-26623514
[email protected]

DRO (District Registrar Office)

No.182 Bharati Salai (pycrafts Road) Royapettah, Chennai - 600 014.
044-28613607
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Nagathamman Koil Sathyavani Muthu 8th Lane

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Nagathamman Koil Sathyavani Muthu 8th Lane guideline value

The current guideline value for Nagathamman Koil Sathyavani Muthu 8th Lane is Rs 2,700 per sq.ft, effective from 1 July 2024. This street is located in Perambur village under the Purasaivakkam SRO, classified as Residential Class III Type - II.

How the guideline value of Nagathamman Koil Sathyavani Muthu 8th Lane has changed

The guideline value for Nagathamman Koil Sathyavani Muthu 8th Lane has undergone several revisions over the years. The 2012 revision set the value at Rs 2,500 per sq.ft, which remained unchanged until the 2023 revision, where it again stood at Rs 2,500 per sq.ft. The 2024 revision saw an increase of 8%, raising the value to Rs 2,700 per sq.ft.

For the years 2002, 2003, 2007, and 2017, the register has no figure for this street. Overall, from 2012 to 2024, there has been an increase of 8% in the guideline value.

Guideline values in Perambur

In Perambur, there are 1,114 streets under the Purasaivakkam SRO with a 2024 guideline value ranging from Rs 1,600 to Rs 7,100 per sq.ft. The median value is Rs 2,700 per sq.ft, which is equal to the guideline value of Nagathamman Koil Sathyavani Muthu 8th Lane.

Stamp duty and registration fee for property in Nagathamman Koil Sathyavani Muthu 8th Lane

For a 1,000 sq.ft plot at the current rate of Rs 2,700 per sq.ft, the guideline value amounts to Rs 27,00,000. The stamp duty at 7% would be Rs 1,89,000, and the registration fee at 2% would be Rs 54,000, totaling Rs 2,43,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Nagathamman Koil Sathyavani Muthu 8th Lane?

The Sub Registrar Office that covers Nagathamman Koil Sathyavani Muthu 8th Lane is the Purasaivakkam Sub Registrar Office, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012. You can find your SRO for additional information.

How the guideline value is used when you buy or sell in Perambur

The guideline value is a critical factor in the registration process of property transactions in Perambur. It determines the minimum value at which properties can be registered and is used to calculate the applicable stamp duty and registration fees.

When buying or selling property, the guideline value ensures that the transaction is recorded at a fair value, safeguarding both the buyer and the seller. It is essential to be aware of the current guideline value to ensure compliance with local regulations during the registration process.

Frequently asked questions

What is the current guideline value for Nagathamman Koil Sathyavani Muthu 8th Lane?

The current guideline value for Nagathamman Koil Sathyavani Muthu 8th Lane is Rs 2,700 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 2,500 per sq.ft in 2012 to Rs 2,700 per sq.ft in 2024, marking an overall increase of 8% from 2012 to 2024.

What is the land classification for this street?

Nagathamman Koil Sathyavani Muthu 8th Lane is classified as Residential Class III Type - II.

Which Sub Registrar Office covers this area?

The Purasaivakkam Sub Registrar Office covers Nagathamman Koil Sathyavani Muthu 8th Lane, located at 93/1, Bricklin Road, Otteri, Chennai- 600 012.

How is stamp duty calculated for properties in this area?

Stamp duty is calculated based on the higher of the guideline value or the sale price. For example, a 1,000 sq.ft plot at the current rate would incur a total of Rs 2,43,000 in stamp duty and registration fees.